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Lib Dems predicts wider rate impact

The Liberal Democrat Party has warned that more than the predicted one million home owners could be affected by rising interest rates. It criticises the government for abandoning home owners faced with mortgage repayment hikes brought on by base rate increases.

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Help is at hand

Networks were designed to help small firms cope with regulation and recent FSA findings underline their growing importance, says Gemma Harle

Inflation slows to 2.5% in April

The Consumer Price Index – the government’s measure of annual inflation – fell to 2.5% in May from 2.8% in April.The main downward pressure on the CPI annual rate came from average gas and electricity bills which continued to fall this year, but rose a year ago.The main upward pressure on the CPI annual rate […]

3Mc bulks up underwriter team

Mortgage distributor and online packager 3mc has recruited four mortgage underwriters to join its team. Doug Hall, sales director at 3mc, says: “The underwriters will help us to continue to offer the best service to our broker customer base.”

Cunning HIP plan was fatally flawed from the beginning

I’d like to congratulate you on the ‘A-Z of HIPs’ cover story in the May 28 issue of Mortgage Strategy. Since they were first mooted, Home Information Packs have been poorly thought out. One of the main rationales for the introduction of HIPs was to speed up the house buying process by preventing sales from […]

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